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120 sats \ 4 replies \ @zuspotirko 29 May \ on: World's Smallest Currency Isn't Worth It, Experts Say (Bloomberg, Ragnhildur) Politics_And_Law econ

World smallest currency? Iceland has 400k inhabitants. The Seychelles have only 100k inhabitants who are poorer and use the Seychellois rupee

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6 sats \ 2 replies \ @denlillaapan OP 30 May

Aaah, good to know!

I googled but didn't get any good answers.

I knew some stacker would fact-check me, THANKS!

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51 sats \ 1 reply \ @TechnicalDebt 30 May

It’s amazing that even in the age of search engine decay, being wrong on the internet remains a reliable way to get accurate information.

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6 sats \ 0 replies \ @denlillaapan OP 30 May

Riiiight, pretty amazing

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6 sats \ 0 replies \ @Undisciplined 29 May

Is it actually independently managed or is it pegged to another currency?

Belize has a similar population to Iceland and is much poorer but they pegged their currency to the dollar, so it's effectively not an independent currency.

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